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to bring bills to the floor unless they got a majority support from republicans. speaker john boehner of ohio violated that longstanding rule last night and in the process he became the only member of the leadership of his party who voted in favor of the bill. eric cantor and kevin mccarthy joined the majority of their party in voting no. boehner did find support from one key republican, paul ryan of wisconsin also voted yes. the main sticking point for republicans, a lack of spending cuts. hours before last night's votes, republicans considered trying to amend the bill from the senate and add additional spending cuts in. the senate made it clear they had no intention of revisiting this idea. so if changes were made that would essentially kill it. before the vote, republicans took to the floor and voiced their concerns. >> there are no spending cuts. we're adding $4 billion a day to the debt. the senate failed in cutting spending. >> i thought we were in a deficit crisis. i thought families were put at risk by this massive debt. what does this do about that? >> it was way past those s
, republican house speaker john boehner put out this stirring call to action. >> mr. president, this is your moment. we're ready to be led. not as democrats or republicans but as americans. we want you to lead. not as a liberal or conservative but as president of the united states of america. >> mr. president, we are ready to be led. just show us the plan. that was encouraging. that seemed like we were going to have a deal, no problem. obama won the election. he'll hand them a plan. he'll make some small changes. that's how congress works, of course. pass it and we'll be done. we'll go home for christmas. not so much. president obama did hand them a plan as treasury secretary tim geithner made a special trip all the way to john boehner's office on capitol hill. he delivered the plan to speaker boehner, a plan pretty much identical to the one president obama just won the election on. you might have thought that would have been leading, the problem would have been solved. not so much. >> flabbergasted. i looked at him, you can't be serious. i've just never seen anything like it. >> so when you
. >> also infure rated is new jersey governor chris christie who says boehner refused to take his repeated phone calls last night as it was becoming apparent the sandy aid packal wouldn't go to a vote in the house. >> you sit around and delay and you give assurances to people things will be done and they're not, that is not doing your job. have some guts. put it up. vote yes or no and move on. >> this afternoon, boehner spoke with christie and he and cantor met with the congressional delegation from new york and new jersey and assured them sandy pack knowledge new form is the top priority. a package that peter king says will be pork free. this friday they will vote to get immediate resources to the national flood insurance program. there will be votes on the rest of the sandy aid package. then it has to go to the senate. >> start all over. thank you. >> bret: you heard the phrase "fiscal cliff." then bill and law accompany the overused phrase fiscal cliff. some out the it as win, politically for taxpayers. the reality, according to both sides is really more of a mixed bag. president obama
was because of the deal -- >> john boehner. because of john boehner. >> partly, mitch mcconnell force ed john boehner's hand. >> we expect senators to do that. that's what republican -- republican senators have always spent us deeper into debt. that's what they do. that's their hobby. >> look, in this round, the president got a ton. and liberals who are complaining are most worried not about the terms of this deal but about whether the president's got a weak hand going into the next round. the president, as you pointed out, has said as recently as sunday with david gregory, we need to do medicare reform. we need to do entitlement reform. when we deal with the sequester cuts in two months, when we deal with raising the debt ceiling, even though the president wants to keep that out of the debate, republicans are going to have another chance with leaders like john boehner and paul ryan making the argument. and i think the president once again is going to have that k n confrontation. >> how many trillions do you think they'll add to the debt, mika? paul ryan -- i had the tenth amendment on a lit
.2 trillion in tax increases on the table. speaker boehner walked away from the deal and went to plan b which did not have spending cuts, only the tax increase for millionaires which could not pass. and so they are blaming speaker boehner for walking away from the table. but the bottom line is this president is going to face a lot of pressure in the the days ahead during that debt ceiling debate and escape elsewhere toy come up with entitlement reform that makes spending cuts in addition to the taxes starting to go up. >> bret: ed, we heard the president talk numerous times about how he does not want a battle with republicans over increasing the debt ceiling and how we heard he s not going to play that game. he used that friday. we are not going to do it that way. how is he not going to do it that way? how will they prevent that from happening? >> it is an interesting behind the scenes strategy starting to take place. i was talking to one of the president's top advisors a week or so ago and he basically said theyville a completely different approach in the debt ceiling debate than we have see
conference, it came after president obama met with john boehner and nancy pelosi and harry reid and mitch mcconnell, so all the key congressional leaders. and listen to the president here. >> the american people are watching what we do here. obviously, their patience is already thin. this is deja vu all over again. america wonders why it is that in this town for some reason, you can't get stuff done in an organized timetable. why everything always has to wait until the last minute. well, we're now at the last minute. and the american people are not going to have any patience for a politically self-inflicted wound to our economy. not right now. i just have to repeat. you know, outside of washington, nobody understands how it is that this seems to be a repeat pattern, over and over again. ordinary folks, they do their jobs. they meet deadlines. they sit down and they discuss things and things happen. if there are disagreements, they sort through the disagreements. the notion that our elected leadership can't do the same thing is mind boggling to them. and needs to stop. >> i just have to repea
boehner kept his word on an up or down vote. we he just had new video of the speaker walking into the chamber, walking towards the chamber and there you see him getting ready to cast his vote on the rule. let's listen. do we have audio? it was the silent movie version of john boehner walking to the house chamber. but there was a lot of back and forth today among republicans and definitely within the media when the house majority leader eric cantor came up and said i do not support this bill. mike emanuel back at his post on capitol hill. there was speculation, was this a move by cantor to create some friction? there will be a vote on speakership thursday when the new congress goes in, the 113th congress, noon on thursday. i guess his people are saying that that is not the case at all. >>> well, that's right. they definitely were trying to walk us away from thinking that there s some soap opera going on here in the republican leadership in the house. but it has been a bruising fight in recent weeks for speaker john boehner. remember, he was negotiating with president obama and
. it's up to speaker boehner and senator mcconnell if they can accept it. if they don't, we are going off the fiscal cliff. it's where we stand now. >> you should vote your conscience, no matter what happens. you are an outgoing member of congress. you don't have to worry about re-electi re-election. many members of congress are doing what they believe their home districts want them to do. this is about self-preservation and getting reelected. are you in any different position? do you think they can look at this differently? >> i think you are in a lame duck session. it's a different dynamic. you have members that have lost and retired. yes, it's different in a lame duck than it would be before an election. this would be catastrophic for the country if we allowed it to happen. we have to have a deal in 36 hours. the people are committed regardless to doing the right thing for the country. it's what's most important. >> this is the way you wanted to go out with this mess? >> well, we could have handled it better. we are in this position because we mishandled it in the first place. we a
the debt ceiling and with some of boehner's closest allies had met in the speaker's office and said to him, john if you come back with the deal, that you fashioned with obama this doesn't get more than say 100 votes or so and the republicans, cancer has cantor has started a whispered campaign and you are going to be -- we saw it happen with speaker gingrich and it can happen here. boehner walked away from a deal shortly after that. >> i want to come to the interplay between the leadership on the republican side in in a second but i have to ask this based on what you said. i think you know the president gave what was initially an off the record interview to the "des moines register" editorial board, speaking although he did not get the endorsement of that paper in one of the things he said in the interview was he believed he could get a grand bargain struck on the debt ceiling if he were reelected on november 6. a son what you're saying they may not be possible if if the freshman and now sophomores and many members who come and don't eventually give a nether blessing to cut a deal. in her m
hard for a deal, gregg. gregg: has the bickering between reid and boehner sort of poisoned the negotiations past the point that, you know, maybe this meeting will help at all? >> reporter: it may have because it's really, we've seen tensions escalate ever since before christmas when john boehner was not able to get a deal through the house where he has a very strong republican majority. he had a rebellion amongst some of his fellow conservatives. that is what held it up. senator harry reid as you say was very rough going directly after boehner yesterday. take a listen. >> the american people i don't think understand the house of representatives is operating without the house of representatives. it's being operated with a dictatorship of the speaker, not allowing the vast majority of the house of representatives to get what they want. >> reporter: the word dictatorship not sitting well at speaker's office of the as you can imagine his spokesman putting out a tough statement of his own saying quote, senator reid should talk less and legislate more. the house already passed le
for congress' performance are different from that which the republicans use. as speaker john boehner has said over and over, the second pass a record low number of those pixel of the congress that were not imposing regulations and not increasing taxes. that's way one of looking on it. the way most people look at it attested to by record low popularity approval rating is that this is a congress that has been defined by dysfunction of the law, a congress in which has never been writer than none and where compromise is really seem to be a foreign-policy, a policy foreign to the roast great deliberative body. >> to think of people who ran in 2010 and got elected with the people who ran before it ended now ascended to of leadership leave no with a solution or they were elected to not do things as opposed to do things? >> again, from the class of 2010 and now i refer to the 87 freshman, the so-called tea party class of the 112 congress, their belief is they are doing precisely what the people who elected them wish to do, which is rollback obama initiatives to cut spending. a lot of them thought the
for the middle class. this magic number to pass was tutored 17. so it did receive. house speaker, john boehner voted " yes. this was the first sign and the next is the president's desk that should happen fairly soon. other big stories two people are killed in a crash after a police chase in san francisco's mission district. it's caught on south bay. our top story tonight.the fiscal cliff. the house is now voting on "fiscal cliff" tax increasesit looks as though the senate-approved bill will get enough votes to pass. for the middle class and earning over 450-thousandit also extends unemployment bill is 217. meaning thea police chase ends in a deadly crash. two people were killed this morning after a driver crashed into a liquor store in san francisco. this is surveillance video. a third person was badly injured. all the victims are in their 20's. >> while the remaining of this is being pulled away from the sidewalk the damage done is horrific. >> this was also in mid to 20 year-old pedestrian walking into the store that was pronounced dead. >> the passenger was also pronounced dead. this comes
on new year's eve still addicted to spending money. >> last friday speaker boehner told his senate colleagues to see if they could find a by by bipartisan deal with time running out. house lawmakers were left working on unrelated issues and feeling like this process is broken. >> the american people are looking at congress with disdain and rightfully so. with the deadline on the fiscal cliff only hours away, we have failed to reach a reasonable compromise to move the economy forward and ward off painful tax hikes on the middle class. >> senate republicans are hopeful there will be a vote tonight. first, they would like an official score from the congressional budget office. so plenty of activity ahead here on the hill tonight. and if there is a vote and if it were to pass, then the house would pick it up tomorrow, bret. >> bret: just to be clear, mike. tonight, there is still a possibility, in the senate, because of the way it works, that you would have to get 60 votes to get the thing to the floor, it's not really clear that they have all those votes yet. >> that's right. we have
ago when speaker boehner had a plan to raise taxes on those earning more than $1 million, the feeling was that he had about 190 republican votes. if the will of 190 holes, then you'll get a -- then you'll get an oath -- if the 190 holds, then you will get a majority. it again, one thing we have learned in this game is that nothing is assured. host: now there is work to be done for this 113th congress. what is the dynamic there? guest: the democrats picked up a few seats in the senate. it is 55-45 at the moment. if john kerry is confirmed as secretary of state, then it goes to 54. democrats have a little more strength. the president gets inaugurated january 20, 21st. then we are back to fighting over the debt limit, the sequester, the continuing solutions. it goes on and on. host: give us the highlights of what was approved by the senate this morning. guest: the bush era tax rates continue for everybody except those individuals earning over $400,000 and families earning over $450,000. they want to bring the levels back to 39.6%. in addition, several other things. the alternative minimu
republicans have not been able or willing to do. the vote john boehner schedule and had to cancel is evidence of that in the present cost mind -- in the president's mind. we have part of what speaker boehner said. "the comments today are ironic as a recurrent theme was his unwillingness to stand up to anything in his own party. from the republican side of the aisle and speaker boehner, where are things at the moment? guest: the speaker had been hoping there would be a larger deal. the president was ready to move forward on in the time they had in front of them. this was in vision at one point to be the grand bargain which would incorporate in atomic reform and all sorts of budget cuts. changes to the tax rates. unemployment benefit changes. going all the way through to the debt ceiling being raised as part of it as well. that was not something that was ever really where things were headed by the time the negotiations got started. for speaker boehner, he wants to see the spending cuts that would go along with them. he does not feel the president has put forward enough of a plan to where the sp
going up. he said it was 250,000 and now gone up to 4 or 450. >> that's right. plan b, john boehner, the leader of the rublicans offered to do it at a million. in a way, the republicans were defeated in terms of getting it up to a million. they never got a vote. everybody is going to get a tax increase that has nothing to do with this bill because of the payroll tax holiday. a person earning $50,000 is going to pay $800 more by virtue of the fact that expires. what you have really here now it seems to me is erik canter, the number 2 guy trying to make the number one guy in his own party john boehner look bad or maybe this is his attempt to run for speaker when the new congress comes into affect thursday at noon where they have an election. i mean, baner said let's hand it over to the senate and the assumption was we all do what the senate comes up with. obviously, there's been a breakdown in communication. >> there's this thought going back to the election, the republicans are blindsided by how badly mitt romney was beaten and see this going on in the republican party itself. is thi
advisor doug shoen. we have basically mr. boehner saying, look, you senate, you have not come up with anything. >> i think, unfortunately, we will probably get around it. i think it is a worse outcome to avoid the cliff then to go over it. i think we should broaden the discussion and look at what is going on around the world. look at japan and europe. the japanese government is the glaring war on japanese citizens. it will create inflation. if the japanese citizens start to dump their bonds, they have been a bigger part then japan recently. that is a big problem for us. their euro has been quietly depreciating. if that goes out, that is a much bigger fiscal cliff. if the buyers of treasuries become sellers. liz: there are a lot of "if" in your discussion. the bond markets are still pretty -- nothing from the bottom vigilantes yet. you were a clinton advisor. you saw in the mid- 90s bond yields really spike higher. that is the issue. if we see the economy healing, bond yields could go up. investors say, wait a second, why invest for bond. >> that is the key issue. we have not seen
a picture of speaker john boehner there on the front page. how did he factor into this and what was his message to members? guest: he had it tough because he's the one who will eventually need to say he got something done. no one wants to be on a book for the tax increase. they called it eclipsed for reasons. the tax increase on middle class americans was the biggest part of the cliffs. it was the biggest threat to gdp growth of if you let the taxes go up. so that is a tough position he's in. he is facing comment and criticism from conservatives saying don't pass this, because this is just more debt. so it's a tough balancing act. in the end, he has said for his role speakership and he wants the house to work its will. convenientt's a good way to put it at times. and taken back up and say let us see what the house does aunt clara at the house do what it wants. and you're inevitably split with republicans and you let it go through that way. early in the process he voted and walk away and they were gone. during debate last night, many democrats showed up to debate the measure if and said
hear is the senate leaders are there. speaker boehner and minority leader nancy pelosi have yet to arrive, but now we're showing you live pictures. maybe somebody is going to get out of that car, and we'll see if any of the other leaders will be heading to the white house. this is speaker boehner right now heading into the white house. we'll keep you updated as this hour progresses here. >> indeed, meantime, more red arrows here on wall street as investors are awaiting for any signs of progress from the white house meeting which is about to get under way. right now we're sitting smack on 13,000. we've clawed back from being below that earlier on today. the nasdaq has also moved to the downside by half a percent as we speak. the s&p 500, as we speak, folks, is now down for the fifth straight day. i think it's down about 1.3% over the course of this week. so far let's see what happens over the last crucial hour of this trading day. >> so the clock is ticking. all eyes are on the white house. we've got i'm an javers there in washington as we wait for the white puff of smoke to come
: indeed, but my hunch is it will not be a raucous affair. i would assume speaker boehner would have a hands-off approach, and say, "guys, i did my best, this came down the pike, we try to come up with the deal, and not get it done." his own caucus would not support it. we should have realized that was the danger. at the time, speaker boehner said to the president and harry reid, the senate needs to send something our way, and we will deal with it. i thought it was a humble and honest approach. now, they got it, and i do not think they're going to like it. host: again, the house comes into session around noon eastern time. keep your television on c-span as we continue our coverage of the so-called fiscal cliff. tactically, we went over the -- technically, we went over the cliff, but all reports are if this deal is approved by the house, they could retroactively fixed the tax hikes, and also before the sequestration or automatic spending cuts kick in wednesday, the have another day to deal with that as well. guest: nothing means anything around here. they can legislate things backward
is the politics around that? >> well, john boehner, and it is important to understand that the incentive structure is different for the rank and file and back bench. if you are john boehner, you are more susceptible to the wall street pressure and the can't ter and the people who are aspiring to run for something bigger like paul ryan have a bigger ip sensitive, too. and right now, boehner wants to get re-elected speaker, and so he is trying to walk away from the deal as much as possible to not jeopardize the speakership. so he has technically thrown it to the senate. constitutionally it has to go through both houses. >> just constitutional ly. minor detail. >> and boehner is constitutionally dammed because he is getting out of it and burned too much. so if reid and mcconnell can get through the deal that is not filibustered, they have to amend a bill in the house that extends the tax cuts for everybody, and gut that bill, because it has to emerge from there, and then fill it, and hope and pray that boehner can find 30 republicans to vote for it. >> that is the story that you feel when the preside
was, a decision was made by john boehner and other house leaders to only go in the direction of amending the senate bill if they would have the 217, 218 votes necessary in order to actually get the amendment through the house, pass the bill with an amendment, and send it back to the senate. members coming out of a republican meeting indicated they do not have the votes. they will put a clean vote on the floor on the senate bill. >> it is being reported now that the chair of the house rules committee is moving ahead with the meeting time at 8:10, which is right now. an emergency meeting of the rules committee. he is not waiting for cameras to get put into place we are unable to bring the start of that. . we will keep you updated. is there tension between speaker boehner and eric kanter during this process? >> as we have seen, there has been talk of that in the media. every time it comes up, as it has come up again tonight, people are quick to reflect reports from the caucus meeting this afternoon were that the two walked in to gather, they are trying to avoid anything the caus
have taken the heat, and john boehner's plan b, a disastrous piece of publicity, got that. do you think that the tide is turning at all and that the jonbenet has been gettinof and . >> and not seeing any leadership for the president and not seeing any for the senate and not seen the budget. i think that the frustration is across th board and it should be felt by all. >> okay, you're sitting there in washington and you tell me now, do you think we get a deal on new year's eve? >> gosh, i certainly hope so. >> do you think we will? >> do you think we will? >> i don't think that this washington, anyone in washington is reckless enough for the country off the cliff. they recognize it's dangerous. stuart: i've got to read between the lines here. you're saying that there will be some kind of last minute stop-gap deal, yes? >> i certainly hope so. stuart: and what would be the form of that deal? what would be in it just a broad outline? go. >> well, we can't see taxes go up on anybody across the board and we have to see the tax rates extended for everyone and-- >> that's not going to happen. >
. democrats want the chance to vote on the bill as they say boehner promised. >> until now our speaker has said when the senate acts we will have a vote in the house peeping that is what he said. that is what we expect. that is what the american people deserve. >> with an opening prayer appealing for compromise, the house went into session at noon. republicans complain there's not enough deficit reduction. >> is another $1 trillion of debt on the american people. >> my district cannot afford to wait a few days and have the stock market go down 300 points tomorrow if we cannot get together and do something. >> without a deal that conduct the president, i income taxes will rise almost every american. >> new year's, new laws in maryland. game marriage became legal at midnight -- a marriage became legal at midnight this morning. david has more. >> the mayor officiated the first gay marriage at city hall, and as a precaution, she got ordained to do at. wedding bells rang in the near. street michael the archangel celebrated its first same-sex marriage ceremony. >> jesus loves everyone. i think h
day. >>brian: why wouldn't they be. when you went to bed, john boehner served up two possibilities. one you could vote on the senate bill which passed overwhelmingly. two, the house might amend the senate bill and add a bunch of spending. he didn't have enough votes for that entree and in the end a whole bunch of republicans voted for the senate bill, although a whole bunch of republicans voted against the senate bill. it has passed. >>juliet: pretty amazing all the drama over the last 48 hours as opposed to nothing happening over the 48 years. let's take a breakdown. here's a look at how we break down the numbers. $622 billion is what we're seeing in new tax hikes, just $15 billion in spending cuts. we'll get more on that later. $1 spending cut for every $41 in tax hikes. that is pretty much what it amounts to. >>brian: the dollar in spending cuts for every $41 in tax hikes that is for the first year. in ten years it is going to be $1 worth of spending cuts for every $10 of tax hikes. for a lot of republicans, they go that is a lousy deal. >>brian: we're basically reviewing the sa
the public to look at this. somehows speaker john boehner is under no obligation to bring this up. they could bring it up and possibly change it and ping pong it back to the senate. this is far from over. there's a lot to do here. the one plus on this side might be the fact there is so much in this bill doug was talking about it keeps milk prices low the dodoc fix physicians who see medicaid patients and things. there are a lot of things there a lot of members are for. i have to caution everyone there was a vote december of last year on renewing the payroll tax cut which passed overwhelmingly again a very similar margin in the senate. 89 votes in that particular bill and they move it had over to the house and john boehner and house republicans had a conference call on a saturday afternoon and they got their head handed out. everybody was mystified by this. they said how can a senate possibly pass a bill with such an overwhelmingly margin and send it over to the house and have such trouble. >>> the whole social security tax issue is a big sort of hidden tax. right now it would be in effect for
. but it could be another ugly fight in two months. >> it's interesting that john boehner and paul ryan voted in favor yesterday, as well. interesting dynamic there. tahman bradley in washington. thank you, tahman. >>> and new york lawmakers are furious this morning after the house ditched a vote on billions of dollars of aide for victims of hurricane sandy. house gop leaders decided to wait for the new session of congress before taking the vote. new york republican peter king called it absolutely inexcusable. and democrat eliot engle says speaker john boehner should hang his head in shame. >>> secretary of state hillary clinton, entering a fourth day in a new york city hospital where she is being treated for a blood clot. chelsea clinton has been at her mother's bedside. and tweeted, thank you for sending good thoughts to my mom's way. doctors have not given a date when clinton can leave the hospital or how soon she'll be able to resume her usual, hectic pace. >>> and students from sandy hook elementary get ready to head back to class tomorrow for the first time since the shooting nearly thr
and realize that obama is crazy. john boehner is also crazy. none of them have any inkling, let alone a loyalty or fidelity, toward what would be good toward the american people. it is all about them. obama is going to retire in four years. he is looking at making millions of dollars on a speech circuit after that. john boehner is going to become a lobbyist. none of them care. host: we are going to leave it there. we have some items from . a couple of folks up in weighing in on facebook. -- a couple of folks have been weighing in on facebook. back to the telephones. ruth on the line for democrats. caller: they talk about the fiscal clef, but they are not really interested in fiske's -- fixing the fiscal cliff. there are interested in their own party. they have been against the president from the beginning, so they are not going to change anything. they do not want to help america. what people are they for? the people have spoken, but they do not ever listen to the people. what people are the working for? host: james in new york as a deadline for independents. caller: i just want to p
the their position right now, at least speaker boehner's is, hey, it is time for the senate to act on some of our bills. we'll keep an eye what is happening there. heather: busy day for them. president obama taking his case to the american public. here is what he had to say about the situation playing out on capitol hill. >> what's been holding us back is the dysfunction here in washington and if, you know, people start to see that on january 1st this problem still hasn't been solved, that we haven't seen the deficit reduction we could have had, the republicans been willing to take the deal i gave them, if they say, that people's taxes have gone up, which means consumer spending is going to be depressed, obviously that will adverse reaction in the markets. heather: there is lot at stake for all americans. three big issues on the financial front this morning as a matter of fact,. stu varney, host of "varney & company" on the fox business network joins us now. stu, no deal on capitol hill, not really doing their job but we're hearing they get a pay raise. >> that incredible to some people, but none
the president doesn't want that deal. he doesn't trust speaker boehner can deliver the votes and he feels the election changed his leverage on this. it does not appear the president wants to do this grand bargain. what he wants to do is get tax rates up as he promised to do in the campaign. that's why there's a narrower discussion now. >> we don't have time for some big old deal at this point, right? >> right. >> there's want and political realism. the one other point is they are talking about whether they can put off the spending cuts and whether there's a way to agree to that. >> across the board defense and nondiscretionary. >> i agree there's no more trust between speaker boehner and president obama. >> that's the other dog not barking here, is how small expectations are become here. how little deficit reduction will happen here. >> none, right? by the way, aren't taxes going up anyway? >> true. >> what people don't know or what we haven't focused on here, nobody is talking about keeping taxes low on social security. >> right. the payroll tax, the extension of the holiday in effect is
off speaker boehner needs to take the deal that was struck and passed in the senate and needs to see where his house republicans stand on this. of course i think the expectation is that if he were to put it to a vote in the house it would pass, there would be democratic support for it and there would also be some republican support. the question, is there enough republican support as it is right now to just put it up for a vote. republicans may look at it and say we want to change some things, make it more to our liking so they could propose some amendments. it's possible they could change it but joe, even if they were to go through that process, it is something that could still happen very quickly but we're waiting to see what comes out of a meeting today between the speaker and his republicans. >> now this deal certainly buys some time, but is the white house a little bit concerned that they're going to have to fight this battle again in a couple months? >> no doubt about it. they know this is a reality. the president knows this is a reality, all of his aides know that as well. the
to session. house speaker john boehner says the house will be called to order sunday and warns lawmakers they may work through friday. ford is expanding in the great lakes state. the automaker will invest $773 million in additions to four of its michigan factories. ford says it'll create 2300 new jobs and may lead to a goal adding 12,000 new jobs across michigan by 2015. the star of the hit tv series "grey's anatomy" is attempting to buy a coffee chain. patrick dempsey, better known as mcdreamy on "grey's," is said to be bidding on tully's coffee shop, which filed for chapter 11 banruptcy back in october due to a cash flow issue. it goes up for auction next week. tully's started up in 1992 in seattle and has multiple stores in washington and california along with nearly licensed locations across the country. the actor says he's stepping up to buy the chain to save jobs in the seattle area. five infant deaths have caused major retailers to recall a popular infant recliner. 150,000 "nap nanny" recliners are being recalled. a report says the product poses a substantial risk of injury and de
of republican and democratic leaders in the senate, and we thank speaker boehner for bringing this legislation to the floor. public we can duplicate a strong bipartisan vote that was achieved in the united states senate. why is that important? because the american people told us in the election that they wanted us to work together. they have their differences, too. they understand this agreement. they also understand compromise. that is what this legislation represents. the previous speaker said he was voting for the bill for what was not in it. that is an interesting approach. we can judge be legislation we vote on for what is in it, or vote against it for what is not in it. at some point you strike a balance. you balance the equities -- where you come out in terms of making a choice? i hope the choice the american people will make tonight will reflect the well and keep the call of the american people to work together and follow the lead of the senate with a strong bipartisan support. what do they want us to do? what are the priorities? they want us to create jobs. they want us to grow the ec
boehner was at the capitol and left with no comment. both sides remain at odds over the democrat's insistence that the wealthy pay more in taxes. >> the president's tax hook would only fund the government for eight days. americans deserve to know what is the president -- what does the president propose we do for the other 357 days of the year. >> reporter: president obama insists his plan on the table is fair and includes plenty of cuts to government spending. >> we just can't afford a politically self-inflicted wound to our economy. >> reporter: if sunday's negotiations don't pan out, the president said he's ready to propose his own scaled-back bill that would block tax increases for all but the wealthy. and preserve expiring unemployment benefits. with the deficit ticking ever higher, patience is wearing thin. >> for those of us who invest in the stock market, it's disgusting to watch them jockey around with our money. >> reporter: missing in all the last-minute negotiations is talk of the $1.2 trillion of mandatory spending cuts scheduled to go into affect today. tara mergener
boehner of holding up a deal. >> the american people i don't think understand the house representative is operating without the house of representatives. it is being operated with a dictatorship of the speaker, not allowing the vast majority of the house representatives to get what they want. >> adding to the urgency surrounding the talks, treasury secretary timothy geithner warned this week the u.s. will not be able to pay its creditors after monday unless the debt ceiling is raised. we will have more on the fiscal cliff talks, speaking with congressmember dennis kucinich after the headlines. environmental protection agency head lisa jackson has announced a resignation ahead of president obama's second term. jackson departs after a four- year tenure that saw advances in the regulation of environmentally harpo practices such as mountaintop removal and the emissions of harmful chemicals from industrial plants. it was marred by a number of key disappointments on environmental issues. president obama rejected jackson's proposal for tougher regulations on smog pollution last year, even tho
on the democratic side. house speaker john boehner, mitch mcconnell representing the republicans. brianna keilar live from washington. what do we expect to happen today? any new offers from the president or house speaker? >> we don't know. right now, all eyes on the senate to see what senate majority leader harry reid can cobble together to get some republican support. technically, it's still possible to come to an agreement. that said, politically is a different story, and the prospects for coming to a deal are starting to dim. right now, we're hearing a whole lot of the blame game. a lot of public posturing from both sides as they prepare for the possibility of going over the cliff. let's listen to harry reid. >> we are here in washington working while members of the house of representatives are out watching movies and watching their kids play soccer and basketball and doing all kinds of things. they should be here. >> now, the speaker of the house, john boehner, sort of retorting to reid, ali. in a conference call he said the leaders should do more -- or pardon me. less talking and more legis
of market sense, then you're losing. if senator reid says something and speaker boehner says something else, nothing fundamental has changed. white stock investors are buying and selling based on political speeches is beyond me. host: what index will you be watching? here is a headline from the wall street journal -- what index will you be watching? guest: think consumer confidence is the big indicator. there are a number of ways to measure it. if you go back to the august debt ceiling deal, i think people did not even realize in washington, but you look at the data, he saw a major drop in consumer confidence around the time and it became clear that politicians were arguing and squabbling and were not coming to terms. i think that is a severe problem in this recession because consumer demand is not strong enough to propagate a strong economic recovery. anything that dampened consumer demand is a problem. watching these politicians not getting together, even if they get a deal, the damage there is down. you see your leaders not being able to take simple steps. the deal they are talking about
, the sentiment that was expressed in kelly's piece is very close to what speaker boehner said. they hate the bill. they don't like the bill but 89 votes is a real message. you have literally only a hand ful of democratand a handful of republicans in the senate that voted against this thing in single digits. this means it will get through the house. it may be about 100, 110 republicans aat be s at best, b message was pretty clear and there's not much speaker boehner can do about it. they almost feel that the senate, in voting in those numbers, handcuffed the leadership, forcing them not to change the bill, throw it on there, not be happy about it, but live to fight another day. nancy pelosi and the democrats signed off on it. there may be more democratic votes that pass this house than republican votes at the end of the day, but it will pass. >> what kind of challenge does it face for the future when you see this kind of contentious situation going on for both sides? >> it means we'll have more of the same in the next, at least, three months. we have this whole setup coming up here in march. the f
.m. this morning. it does not appear the house will vote on that bill. tense new year for john boehner as he meets with fellow republicans whether to okay the fiscal cliff bill passed overwhelmingly by the senate. >> the yeas are 89. the nays are 8. >> gop lead verse not agreed to let the house vote or amend the bill. >> i think more members want this to pass than are willing to vote for it. that's pair muff. some have principled opposition. you also have to be practical on what's the best deal you can get given the circumstances. >> reporter: vice president joe biden was back on the hill after helping to broker the senate deal. it spared the middle class the tax hike but raised taxes on those making over $400,000 a year. jobless benefits were extended for millions of unemployed but massive cuts to the military and other federal agencies were delayed for two months. democrats now want the chance to vote on the bill and as they say boehner promised. >> until now our speaker has said when the senate acts, we will have a vote in the house. that is what he sped. that's what we expect and that's what t
to the fiscal cliff, we are watching john boehner, playing out on a national stage a game i am not sure the national media quite gets ors perhaps even they as astute asst they are, the game of politics they quite get.g this is everything for a lot of people, what do you make of it>i in their attitudes, their demeanor, eir personality? >> everybody is trying to beth right, it needs to happen for what is best for our country anm in this country. >> is almost a testosterone contest. it is not about winning for the american peop is about winning for the party, i can do it better than you, it has to be who wins, w who loses? >> psychologically it is unsettling because it interferes with their comfort level in terms of spending and feelingf comfortable.th >> i don't think about it, they noticed a game of chicken when it comes to this fisl cliff. lou: etc. look a except when wet projections. talking about another recession.
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